Raw-material volatility, regulatory pressure and Western recycling / repurposing scale-up [developing]
Key Questions
What is the projected lithium price rebound in 2026?
Lithium prices are expected to rebound to $14-16k per tonne in 2026. This follows Australian projects and partnerships like LGES with Yahua in Morocco for 50kt capacity.
How has cobalt pricing changed recently?
Cobalt prices have surged over 90%. This volatility impacts battery production amid raw material pressures.
What recent M&A activity occurred in battery separators?
LGES acquired SEMCORP in the separator sector. M&A and expansions are fueling restructuring in the industry.
Why did CATL appoint Zijin Mining's founder as advisor?
CATL tapped Zijin founder as mining advisor for its arm, focusing on DRC and Indonesia. This addresses raw material supply amid volatility.
What regulatory developments affect EV battery recycling?
EU's CRMA and China's retired EV battery traceability mandates highlight needs. Li-ion fire risks emphasize recycling and alternative chemistries, with players like Redwood and Indonesia's HLI scaling up.
Lithium $14-16k/t'26 rebound/Aus projects/cobalt +90%/LGES AZ $5.5B/Morocco Yahua 50kt; separator M&A LGES SEMCORP; CATL Zijin founder mining advisor DRC/Indo; recycling Cox/Nth Cycle/Redwood/Indonesia HLI; EU CRMA/China retired EV battery traceability; Li-ion fire risks highlight recycling/alt-chem needs.